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Saba Capital Management, L.P., a significant stakeholder in Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO), has increased its holdings in the company with a purchase valued at approximately $162,758. The fund, currently trading at $12.01 and offering a 5.02% dividend yield, has shown strong performance with a 17.16% return over the past year. The transactions occurred on January 23 and 24, 2025, involving the acquisition of 11,150 and 2,500 shares, respectively. The purchase prices ranged from $11.92 to $11.94 per share. Following these transactions, Saba Capital now owns a total of 2,109,695 shares of the fund. Technical indicators from InvestingPro suggest the stock is currently in oversold territory, potentially indicating a buying opportunity. The transactions were signed off by Zachary Gindes on behalf of Saba Capital and by Boaz Weinstein, both on January 27, 2025.
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